Today is October 24, 2008. On October 24, 1970, the United Nations General Assembly passed resolution 2626 whereby wealthy countries were encouraged to give a minimum of 0.7 percent of their GNI to developing nations. The target date was the mid-1970s.
Today, only a handful of countries have met that goal: Norway, Sweden, Denmark, Luxembourg, and the Netherlands.
What has happened in the thirty eight years since?